Thomas Baer Involved in a Structured Income Note Dispute

Thomas Baer (CRD #: 1663820), a broker registered with Arkadios Capital, is the subject of an investor dispute. This is according to his BrokerCheck record, accessed on August 9, 2024. Details concerning this dispute are provided below. 

Customer Dispute 

On July 22, 2024, an investor alleged that Thomas Baer recommended unsuitable Structured Income Notes. 

Structured products

Structured products are complex investments that combine a bond and a derivative. Investors’ returns are dependent on the performance of the derivative component—examples of which include forwards, options, and swaps.

The complexity of structured products makes it vital for investors to understand their features and risks before buying in.

FINRA Rule 2111 – Unsuitable Investments 

FINRA Rule 2111 defines suitable investments as securities that fit an investor’s profile. Investor profiles have information on the investor’s age, risk tolerance, tax status, investing experience, and financial goals. Investments that do not take these factors into account may be unsuitable. 

Background Information 

Thomas Baer has registered with the following firms: 

• Series 65 Uniform Investment Adviser Law Examination 
• Series 63 Uniform Securities Agent State Law Examination 
• SIE – Securities Industry Essentials Examination 
• Series 7 General Securities Representative Examination

He is a registered broker in nine states and is a registered investment adviser in Florida and Pennsylvania. 

During his 37 years of experience, Thomas Baer has registered with eight firms. These are the five most recent: 

• Arkadios Capital (CRD #: 282710) 
• Arkadios Wealth Advisors (CRD #: 288863) 
• Kalos Capital (CRD #: 44337) 
• Kalos Management (CRD #: 133025) 
• Madison Avenue Securities (CRD #: 23224) 

Kurta Law Can Help 

If you worked with Thomas Baer and have concerns about your investments, do not hesitate to contact us at 877-600-0098 or email info@kurtalawfirm.com for a free consultation. 

For nearly 20 years, Kurta Law has advocated for investors to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm that exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf. Do not let securities fraud go unchecked. Start your recovery process today.